Read to Achieve Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CUPERTINO, CA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $1.1M in total assets. In 2025, it awarded 12 grants totaling $8K. Net investment income was $24K.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$1.1M
+0.8% YoY
Annual Giving
$8K
+3.3% YoY
Grant Count
12
+9.1% YoY
Avg Grant Size
$682.75
-5.3% YoY
Under IRS private-foundation payout rules, Read to Achieve Foundation reported a distributable amount of $81K for 2025 — the minimum it must pay out in qualifying distributions.
About Read to Achieve Foundation
Based on IRS filings
Read to Achieve Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CUPERTINO, CA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $1.1M in total assets. In 2025, it awarded 12 grants totaling $8K. Net investment income was $24K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $1,101,379 | $1,092,934 | $1,083,040 |
| Revenue | $59,824 | $85,833 | $178,930 |
| Expenses | $59,667 | $76,887 | $66,765 |
| Qualifying Distributions | $48,576 | $55,222 | $45,124 |
| Net Investment Income | $24,153 | $18,116 | $24,132 |
| Distributable Amount | $80,750 | $67,394 | $54,675 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
Grant Size Distribution
61 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Bulgari SpA ($2,270), CIEE (Council on International Educational Exchange) ($2,000), Family Giving Tree ($1,200).
| Recipient | Purpose | Amount |
|---|---|---|
| Arc de Triomphe | Charitable | $54 |
| Basilica di San Marco | Charitable | $122 |
| Bulgari SpA New York, NY | Charitable | $2,270 |
| CIEE (Council on International Educational Exchange) South Portland, ME | Charitable | $2,000 |
| Doctors Without Borders | Charitable | $240 |
| Family Giving Tree MILPITAS, CA | Charitable | $1,200 |
| Goodwill of Silicon Valley SAN JOSE, CA | Charitable | $17 |
| Humane Society Silicon Valley MILPITAS, CA | Charitable | $1,100 |
| Save the Children FAIRFIELD, CT | Charitable | $72 |
| The British Museum | Charitable | $34 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| FAN WAN LAI | CEO | 2 | — |
| ADA HO-YING KWAN | CFO | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Read to Achieve Foundation?
Read to Achieve Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CUPERTINO, CA. It holds $1.1M in total assets as of 2025.
How large is Read to Achieve Foundation?
As of 2025, Read to Achieve Foundation holds $1.1M in total assets with $60K in annual revenue. It awarded 12 grants totaling $8K in 2025.
Where does Read to Achieve Foundation operate?
Read to Achieve Foundation has awarded grants in California, Connecticut, District of Columbia, Hawaii, Maryland, Maine, New York, Oregon.
What size grants does Read to Achieve Foundation award?
In 2025, Read to Achieve Foundation awarded 12 grants totaling $8K — an average of about $682.75 per grant, based on its IRS Form 990 filings.
How much is Read to Achieve Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Read to Achieve Foundation reported a distributable amount of $81K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Read to Achieve Foundation's EIN?
Read to Achieve Foundation's EIN (Employer Identification Number) is 47-5016243. IRS Form 990 filing data is available on this page for 2021–2025.
Explore Open Grants
Browse active grant opportunities in Read to Achieve Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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